Heritage Foods Ltd.

YEAR                       EVENTS
 1992 - The company was incorporated on June 5th as a Public Limited
        Company under the Companies Act, 1956 and obtained the
        certificate of commencement of business on 10th July, 1992. 
 The
        main object of the Company is to manufacture, process & deal
 in
        milk and various milk products.  It was promoted by N.
        Chandrababu Naidu along with his relatives, friends and
        associates.
 
      - The Company undertook to set up an integrated dairy project
 with
        an aggregate Capacity of 2,12,500 LPD comprising of a main
 dairy
        at Kasipentla village and three chilling centres in
 Chandragiri
        Mandal of Chittoor district of A.P.
 
      - It was proposed to increase the existing capacity at
 Chittoor,
        Piler and Madanapalle to 37,500 LPD each.
 
 1995 - The Company strengthened its position in the existing markets
 at
        Chennai & Hyderabad.
 
      - 8,05,700 No. of equity shares subscribed by signatories to
 the
        Memorandum of Articles of Association, Promoters, resident
        Indian Directors, their friends, relatives and associates.
        99,94,300 No. of equity shares of Rs 10 each were issued in
        November 1994 are as follows: (i) On Firm Allotment Basis:
        15,60,000 shares to Overseas Corporate bodies, NRIs on
        repatriation basis, (ii) 3,50,000 shares to Mutual Funds.
        (ii) Preferential Allotment Basis: (a) 9,50,00 shares to
 Indian
        Mutual funds (all were taken up), (ii) 9,00,000 shares to
 Indian
        financial Institutions (all were taken up), (iii) 13,600
 shares
        to employees (all were taken up).  Balance 27,26,400 shares
        issued to the public.
 
 1996 - The Chilling and Pasterising sections at the Company's main
 dairy
        plant Gokul was commissioned during March.
 
      - The Company was also selectively setting up own chilling
 centres
        and encouraging new enterpreneurs to set up Franchise units
 to
        augment milk supply to meet the increasing demand for milk
 and
        milk products.
 
 1997 - A new Milk Chilling Centre was commissioned in Tiruvannamalai
        during 2nd quarter of the year.  The Dairy Products viz.,
 Ghee
        and Skimmed Milk Powder were launched in Consumer Packs in
 the
        markets of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.
 
 2001- The Board of Directors of the company has decided to de-list
 equity shares of the company from Madras             Stock Exchange.
 
 2004
 
 -Birla Mutual Fund acquires more than 5% of the paid up equity share
 capital of Heritage Foods (I) Ltd.
 
 2007
 
 -Heritage Foods India Ltd has informed that Dr. V Nagarja Naidu
 vacates the office of Managing Director of the Company and continues
 to be Director on the Board effective from April 01, 2007.
 
 2008
 
 -Heritage Foods - DAIRY PLANT has been awarded National Energy
 Conservation Awards - 2008
 
 -Company have received the Certificate of Incorporation of the wholly
 owned subsidiary Company named Heritage Foods Retail Ltd 
 
 2010
 
 -Heritage Foods (India) Ltd has recommended a dividend of Rs. 1.80/-
 per share (18%) on equity shares 
 
 2011
 
 -Company has received the Certificate of Commencement of the Business
 of the subsidiary Company named M/s. Heritage Conpro Limited
 
 -Heritage Foods (India) Ltd has recommended a dividend of Rs. 1.20/-
 per share (12%) on equity shares
 
 2012
 
 -Heritage Foods (India) Ltd has recommended a dividend of Rs. 2/- per
 share (20%) on equity shares
 
 2013
 
 -Board Recommended a dividend of Rs. 3/- per share (30%) on equity
 shares of face value of Rs. 10/- each.
 -Heritage Foods Ltd has announces bonus in the ratio of 1:1
 -The Company has changed its name from Heritage Foods (India) Ltd. to
 Heritage Foods Ltd.                                                   
     
                                                                      
                              
 2014
 
 -Heritage Foods Ltd has won Heritage Fresh Bags Most Admired Retailer
 of the Year 2014 (Food & Grocery) Award for the yaer 2014.
 
 -Heritage Foods Ltd has won Prestigious National Energy Conservation
 Award in Dairy Sector for the year 2014.
 
 -Heritage Foods Ltd has started commercial production of its 14th
 Packing Station in Haryana.
 
 2015
 -Heritage Fresh Bags COCA COLA Golden Spoon Award' 2015
 -Heritage Foods wins National Energy Conservation Awards 2015
 -Heritage won the Prestigious National Energy Conservation Awards 
 
 2016
 - Heritage Fresh Bags COCA COLA Golden Spoon Award' 2016
 - Heritage Foods Bags 'Golden Peacock Award for Excellence in
 Corporate Governance’ for the year 2016
 
 2017
 
 -The Company has splits its face value from Rs. 10/- to Rs. 5/-.
 -Heritage won the Prestigious National Energy Conservation Awards
 (NECA - 2017) in Dairy Sector for the year 2017.
 -Golden Peacock Award for Excellence in Corporate Governance for the
 year 2017.
 -Heritage Foods forms JV with French company Novandie.
 -HFL to enter into JV with an European dairy firm.
 -Heritage Foods has completed acquisition of dairy business of
 Reliance Retail.
 -Heritage Foods bags COCA COLA Golden Spoon Award 2017.
 -Heritage Fresh Bags COCA COLA Golden Spoon Award’ 2017.
 
 2018
 -Heritage Fresh Bags The ICAI Awards 2017.
 
 2021
 -Heritage Novandie Foods Private Limited a 50:50 joint venture
 Company between Heritage Foods Limited and Novandie, France has
 started the commercial production.
 -Company won the Prestigious National Energy Conservation Awards
 (NECA - 2020) in Dairy Sector for the year 2020.
 - ''New Product Launch on August 13, 2021''.
 
 
 
 2022
 
 -Heritage Foods winner of exchange4media Pride of India - Best South
 Brand Award.
 
 2023
 
 -The company issued rights shares of Rs. 5 in the ratio of 1:1 at
 par.
 
 -'Company won the Prestigious National Energy Conservation Awards
 (NECA - 2023) in Dairy Sector for the year 2023''.